Chemical Enhanced Oil Recovery Market: Adoption of Nanotechnology
The chemical enhanced oil recovery (EOR) market plays a critical role in the oil and gas industry, driven by the increasing need to extract additional oil from aging and declining fields. This market is set for substantial growth, expected to rise from USD 800 million in 2022 to approximately USD 1.3 billion by 2032. This expansion is primarily fueled by advancements in EOR...
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